HIIG Securities Investment

Locke Lord represented Houston International Insurance Group, Ltd. (HIIG) in connection with its issuance of $85 million in new securities to a Canadian investment partnership consisting of The Westaim Corporation, Everest Re Group, Ltd., Catlin Group Ltd., HIIG CEO Stephen L. Way and other investors concurrently with the partnership's $54 million acquisition of a majority interest in HIIG from Lightyear Capital Partners. The deal closed July 31. Locke Lord lawyers working on the deal included Christopher Martin and Stacy Williams.
Posted August 7, 2014